Corvex director exercises options for 29,197 shares
Corvex, Inc. director Ruben Caballero exercised stock options to acquire 29,197 shares of Common Stock at an exercise price of $0.92 per share.
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Form Type
4
Rhea-AI Filing Summary
Corvex, Inc. director Ruben Caballero exercised stock options to acquire 29,197 shares of Common Stock at an exercise price of $0.92 per share. Following this derivative exercise, his direct holdings increased to 38,017 Common shares. The filing notes that both the share amounts and exercise price reflect adjustments from a prior stock dividend and were tied to an option award under the company’s Omnibus Incentive Plan.
Insider Trade Summary
29,197 shares exercised/converted
Exercise
2 txns
Insider
Caballero Ruben
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 29,197 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,197 | $0.92 | $27K |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 38,017 shares (Direct)
Footnotes (2)
- F1. As a result of the Company's stock dividend, each share of Common Stock issued and outstanding at the close of business on March 30, 2026 was automatically converted into 1.358 shares of Common Stock and was distributed on approximately April 6, 2026. The amounts reported on this Form 4 reflect the impacts of such stock dividend.
- F2. This option award was granted contingent upon shareholder approval of an amendment to the Omnibus Incentive Plan that increases the number of shares of Common Stock authorized for issuance under the Plan (the "Plan Amendment"). The option became exerciseable upon shareholder approval of the Plan Amendment on December 16, 2025. The number of subject shares and the exercise price of such option award has been adjusted by the stock dividend.
Key Figures
Shares acquired via option exercise: 29,197 shares
Exercise price: $0.92 per share
Shares owned after transaction: 38,017 shares
+2 more
5 metrics
Shares acquired via option exercise
29,197 shares
Common Stock acquired through derivative exercise on 2026-06-25
Exercise price
$0.92 per share
Exercise price for stock options (right to buy) converted into Common Stock
Shares owned after transaction
38,017 shares
Total direct Common Stock holdings following the transaction
Option expiration date
June 30, 2026
Scheduled expiration date of the exercised stock options
Underlying option shares
29,197 shares
Underlying Common Stock covered by the exercised option award
Key Terms
stock dividend, Omnibus Incentive Plan, exercise price, Stock Options (Right to Buy)
4 terms
stock dividend financial
"As a result of the Company's stock dividend, each share of Common Stock issued and outstanding..."
A stock dividend is when a company gives its existing shareholders extra shares instead of cash. It’s like receiving more pieces of the same pie rather than a bigger piece of money, which can increase the number of shares you own but usually doesn’t change the total value of your investment right away. Investors care about it because it can signal the company's growth and affect the stock’s price.
Omnibus Incentive Plan financial
"This option award was granted contingent upon shareholder approval of an amendment to the Omnibus Incentive Plan..."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
exercise price financial
"The number of subject shares and the exercise price of such option award has been adjusted by the stock dividend."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy) ... underlying security title Common Stock, underlying security shares 29197.0000"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corvex (MOVE) director Ruben Caballero report in this Form 4?
Ruben Caballero reported exercising stock options to acquire 29,197 Corvex Common shares at $0.92 per share. After this derivative exercise, his direct ownership increased to 38,017 Common shares, according to the Form 4 filing’s post-transaction holdings figure.
What are Ruben Caballero’s Corvex (MOVE) holdings after the reported transaction?
After exercising options, Ruben Caballero directly holds 38,017 shares of Corvex Common Stock. This post-transaction figure reflects the completed derivative exercise and incorporates the effects of the company’s previously declared stock dividend on share counts.
What type of security did Ruben Caballero exercise in Corvex (MOVE)?
He exercised “Stock Options (Right to Buy)” covering 29,197 underlying Common shares. The options had an exercise price of $0.92 per share and, after being exercised, left him with zero remaining options from this particular grant, per the Form 4 data.
How did Corvex’s stock dividend affect this Corvex (MOVE) Form 4?
The filing notes that a stock dividend converted each Common share into 1.358 shares and was distributed around April 6, 2026. The reported option share amounts and exercise price have been adjusted to reflect this stock dividend’s impact on the award.
What is the expiration date of the exercised Corvex (MOVE) stock options?
The exercised stock options were scheduled to expire on June 30, 2026. The Form 4 shows that, following the exercise of 29,197 options at $0.92 per share, zero options from this specific award remained outstanding for Ruben Caballero.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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